2nd largest tobacco company companies worldwide 2025| Statista The world's biggest tobacco company

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The merger "is the logical progression in our relationship and offers all shareholders a stake in a stronger, truly global tobacco and next generation products company," BAT Chief Executive Nicandro Durante said.

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In the US, the rollout of new nicotine products has been held up by a lengthy regulatory approval process, constraining sales in the market that matters most to the group